Intel Corporation will receive a $185 million grant from the Israeli government in exchange for a massive expansion of its production operations. Overall, Intel will spend an estimated $5 billion on the project, including an upgrade for its Kiryat Gat … Continue reading →

UK aviation giant Virgin Atlantic plans to launch a route to Tel Aviv next September. It also won the contract to transport British Eurovision fans on a special flight to Israel in May 2019. Earlier in Dec, Israeli-born Shai Weiss … Continue reading →

Israel’s Composite State of the economy index increased by another 0.3% in November.  There were significant increases in imports of inputs, also in industrial production, in retail trade and in October’s services revenue. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/23-12-2018-1.aspx

Swedish retail giant IKEA currently has mega stores at Netanya, Rishon Lezion, Kiriyat Ata (near Haifa) and Beersheva (see here).  It now plans to open a fifth – in the small community of Eshtaol, near Beit Shemesh, west of Jerusalem. … Continue reading →

KPMG Fintech has chosen Israel’s Binah.ai as a technology partner, supplying its out-of-the-box, data science-based use cases to predict trends, FX rates, profits, risks etc. KPMG Global Fintech comprises professionals in more than 45 hubs around the world. (KPMG at … Continue reading →

I reported previously (Jul 2017) on Israel’s Gong.io which uses AI to analyze sales conversations and help train sales and customer service staff. Gong.io has just won Calcalist’s and Microsoft’s second annual artificial intelligence and big data startup competition. https://www.calcalistech.com/ctech/articles/0,7340,L-3751887,00.html

Israel’s Tigbur is a recruitment agency that specializes in both the hi-tech and the homecare sectors. It also supplies security guards and cleaners. See Tigbur’s CEO Orit Benbenisti on ILTV. https://www.youtube.com/watch?v=fLZTTJaQxOc http://tigbur.com/

The blockchain platform of Israel’s Securitize allows investors and issuers to manage their digital securities from one convenient dashboard. It ensures the digital securities can be traded compliantly across all marketplaces and exchanges. See Securitize’s CEO Carlos Domingo on ILTV. … Continue reading →